The car maker said it would withhold bonuses for now, but could award them at a later date.

Chief executive Matthias Mueller will get a 2015 pay package of $5.9 million (€5.2 million), of which nearly a million have been postponed, according to the company report.

The former CEO Martin Winterkorn, who was forced to resign due to the scandal, will receive $8.3 million (€7.3million) with 30 percent of the initial package postponed.

The former chief finance officer Hans Dieter Posch will collect about $6 million (€5.2million) for his previous position and $15.2 million (€13.4 million) as salary for his new job chairing Volkswagen's supervisory board.

Last year Volkswagen lost $6.6 billion after the company admitted to cheating on diesel emissions tests with nearly 11 million cars worldwide affected by the scandal.